March 1, 2020A petition by Uber, Lyft and DoorDash to roll back a California law regarding gig economy workers has reached 1 million signatures and will head to voters at the ballot ...
February 28, 2020It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.
We have deep dives ...
February 28, 2020In today’s top news, Walmart is working on a new paid subscription program to compete with Amazon Prime, and Great Hill Partners acquired the digital insurance payments solutions vendor One ...
February 28, 2020Uber‘s drivers and takeout delivery workers have found allies in the European Union (EU), as its antitrust chief wants to help them fight for better wages and conditions, Bloomberg reported. ...
February 27, 2020A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year 2000.
The major professions remain the same — doctors, ...
February 27, 2020Upwork saw strong adoption of its new paid client subscription plans, made changes to the virtual tokens used by freelancers when submitting proposals and increased its client fee for basic ...
February 25, 2020Anyone who’s ever done gig work – from rideshare drivers to freelance writers – experiences moments of doubt. At those times, it’s easy to believe that no one is thinking ...
February 25, 2020This week’s look at the latest in payment rail innovation finds solution providers largely embracing the opportunity to develop new technologies for legacy payment rails. Some firms are focusing on ...
February 25, 2020Uber patrons will start seeing ads on top of the cars coming to pick them up beginning April 1, according to Adweek on Monday (Feb.24).
The new development is the result ...
February 24, 2020 No freelancer appreciates delayed payments, which can destabilize their financial health. The flexibility that enables freelancers to work with the companies they choose also allows them to leave if they ...
February 24, 2020One of the most important innovations in history is the pendulum clock, which was invented in 1636 by Christiaan Huygens, a Dutch scientist and founder of the field of mathematical ...
February 21, 2020You know the drill — pay gig workers faster, and they do more work for the platforms that pay them that way. Yet, stringent security measures and burdensome onboarding processes ...
February 21, 2020The largest franchisee of U.S. pizza chain Pizza Hut is reportedly considering options in the wake of financial woes, including bankruptcy.
The news, reported by Bloomberg on Wednesday (Feb. 19), said ...
February 20, 2020In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman Sachs warns that the coronavirus outbreak could cause ...
February 20, 2020 Freelancing has become an attractive source of income to a wider percentage of Americans in recent years, with 36 percent having conducted ad hoc work either part-time or full-time. The ...
February 19, 2020Fiverr reported earnings results that showed continued traction in its core freelancer marketplace, while management pointed to new artificial intelligence (AI)-powered products and international expansion as key drivers moving forward.
In ...
February 14, 2020There’s a saying in jurisprudence: Hard cases make bad law.
Early this week, a judge denied a request from Uber and Postmates to halt the enforcement of a new California labor ...
February 13, 2020Small business owners have historically faced a unique challenge in the banking world: Financial institutions (FIs) can sometimes fail to clearly define their small business services, blurring the lines between ...
February 11, 2020In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop California’s new gig economy law. ...
February 11, 2020A judge has rejected the request from Uber and Postmates to put a stop to a new California law that would place new restrictions on gig economy workers, according to ...
February 10, 2020Uber reported its earnings last week. Analysts seemed happier than they’ve been in a while about the company. That’s mostly because they heard from its CEO that Uber is now ...
February 10, 2020Many gig economy workers will do anything to stand out and get ahead of others engaged in their side hustles as significant changes to nearly every aspect of traditional work ...
February 7, 2020To put a stop to legislation that would transform gig workers from contractors to employees, Uber and Postmates Inc. are scheduled to meet with a federal judge in California to prevent enforcement of ...
February 7, 2020At the dawn of a new decade, healthcare stands poised to embrace digital payments, and finally kill the check.
Instant disbursements are fast cementing their place as a favored payout method ...
February 5, 2020The rise of the gig economy is inexorable. By some estimates, within this decade, about half of the U.S. workforce will be made up of self-employed individuals. With the rise ...
January 30, 2020The sharing economy is undergoing a sea change due to Generation Z’s coming of age. Experts expect this generation, which heavily favors the sharing and gig economies, to account for ...
January 29, 2020Neobank startup Joust is rolling out a new banking app to help freelancers and self-employed people manage their businesses, the company announced on Wednesday (Jan. 29).
The app was designed using ...
January 29, 2020Mastercard’s drive to scale digital payments across the ecosystem has led the payments network to find new ways to help FinTechs participate in this mission through its Accelerate program, giving ...
January 27, 2020Less than 20 years ago, freelancers were still a workforce oddity. They came and went kind of invisibly, taking on overflow work from full-time staffers, floating between different companies and ...
January 27, 2020 Businesses have good reason to be concerned about data breaches. Fraudsters’ attempts to access systems and steal valuable information are becoming more innovative, and research suggests they are also increasingly ...
January 24, 2020It’s that time again — the weekend! But before you really sink into your fun and relaxation, allow the latest edition of the PYMNTS Weekender to catch you up on ...
January 24, 2020 Gig economy participants make up greater portions of the U.S. and global workforce each year, and are set to represent more than half of all U.S. professionals by 2028. These ...
January 24, 2020Instant money is reinventing the world of payments, except where paper checks inexplicably hang on as coin of the realm. Healthcare reimbursements are a prime example of an important business ...
January 23, 2020 Today’s consumers place greater value on personalized experiences than on physical retail goods — especially millennials, 86 percent of whom would rather spend their funds exploring new cultures than shopping.
Competing ...
January 22, 2020In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying for one of five digital banking licenses in Malaysia, and Vodafone leaves the Libra Association. Also, ...
January 22, 2020Photographers and other creative professionals find aggregators to be extremely efficient at distributing their work, but extremely inefficient when it comes to paying them royalties when their works are used. ...
January 22, 2020 Gig workers will make up a full half of the American workforce by 2028, responsible for creating online content, designing webpages and conducting local food or historical tours, as well ...
January 21, 2020The payroll has not seen much disruption since the introduction of direct deposit to accelerate workers’ access to earned wages. But a new generation of workers is now driving monumental ...
January 21, 2020More than 90 percent of U.S. consumers now prefer to receive digital payments over paper checks. Cash and checks persist as the disbursement methods for many companies, however, despite the ...
January 20, 2020As evidence mounts that more consumers are doing more commerce from the comfort of their homes, there are also big changes when it comes the retail involved in that comfort ...